Net Worth Advisory Group trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 26.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,077 shares of the Wireless communications provider's stock after selling 1,100 shares during the period. Net Worth Advisory Group's holdings in T-Mobile US were worth $821,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Gladstone Institutional Advisory LLC bought a new stake in T-Mobile US during the 4th quarter worth approximately $1,552,000. Van ECK Associates Corp increased its holdings in T-Mobile US by 3.1% during the 4th quarter. Van ECK Associates Corp now owns 20,855 shares of the Wireless communications provider's stock worth $4,603,000 after purchasing an additional 625 shares in the last quarter. CFC Planning Co LLC bought a new stake in T-Mobile US during the 4th quarter worth approximately $476,000. Avantax Advisory Services Inc. increased its holdings in T-Mobile US by 5.2% during the 4th quarter. Avantax Advisory Services Inc. now owns 37,478 shares of the Wireless communications provider's stock worth $8,272,000 after purchasing an additional 1,859 shares in the last quarter. Finally, Burling Wealth Partners LLC bought a new stake in T-Mobile US during the 4th quarter worth approximately $2,539,000. 42.49% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of analysts have commented on the company. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the stock from $275.00 to $277.50 in a report on Wednesday, April 30th. Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Wall Street Zen downgraded T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Tigress Financial boosted their target price on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Finally, Benchmark restated a "buy" rating and issued a $275.00 target price on shares of T-Mobile US in a research note on Thursday, March 27th. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, T-Mobile US has an average rating of "Moderate Buy" and a consensus price target of $257.68.
Check Out Our Latest Stock Report on T-Mobile US
T-Mobile US Stock Performance
T-Mobile US stock traded down $0.70 during trading on Friday, hitting $228.00. The stock had a trading volume of 4,379,818 shares, compared to its average volume of 4,079,503. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 year high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock's 50 day moving average is $246.27 and its two-hundred day moving average is $243.85. The stock has a market cap of $258.88 billion, a price-to-earnings ratio of 23.58, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter in the prior year, the business earned $2.00 earnings per share. T-Mobile US's revenue for the quarter was up 6.6% on a year-over-year basis. As a group, analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.
T-Mobile US Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be paid a $0.88 dividend. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.54%. T-Mobile US's payout ratio is 34.34%.
About T-Mobile US
(
Free Report)
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.
Recommended Stories
Before you consider T-Mobile US, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and T-Mobile US wasn't on the list.
While T-Mobile US currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for June 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
